Changed Landscape of the US Debt Recovery

There was a time hardly in the recent past when businesses used to depend on professional recovery agents to settle debt issues with defaulters. These agents mostly worked on commission basis. Thus, they were naturally eager to collect as much money from defaulters as possible. In order to achieve their towering targets, they used to manhandle and misbehave with customers. They abused and humiliated defaulters to pay up faster. In fact, extreme highhandedness of these professionals undeniably defied consumer rights.

Alabama collection attorneys

To put an end to this menace the FDCPA or, Fair Debt Collections Practices Act has recently been introduced in America. This law provides adequate immunity to defaulters from abusive and unethical debt recovery procedures of the collection agencies. Abusive and extortionist debt recovery procedures of the debt recovery agents are now considered as criminal offence under the said law. Entities that commit such crime or endorse it are bound to get severely reprimanded under the implementation of the said Act. To put it simply, the landscape of debt recovery has thoroughly been redesigned in the US.

In this situation, role of collection attorneys based in Alabama is rising significantly in settling disputes over debt issues. Pending bills invariably make commercial establishments suffer from cash crunch, which in turn proves inconvenient for businesses to work out their expansion plans. An increasing number of corporate enterprises are categorically opting service of lawyers involved in collections service. Legal experts involved with such firms truly understand the importance of the bond that businesses have developed with their clientele over the years. As such, these legal experts never indulge in any abusive or humiliating treatment with defaulters while settling with debt issues.

Rather, these professionals adhere to the norms mentioned in the FDCPA while dealing with defaulters. As such, accumulating debts are a major issue of concern for defaulters. In course of time when customers realize the ethics and transparency with which collections lawyers perform their duty they gain confidence. Eventually, they approach the legal experts to help them reach feasible settlement over debt issues with creditors. Success rate of these legal professionals is much higher than those of recovery agents.

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Mrs. McClure graduated from the University of Georgia in 2000 with a Bachelor's Degree in English and a minor in Women's Studies. She received her Juris Doctorate from Cumberland School of Law in 2006. She has worked with her father in various capacities since 1990, and was named partner in 2012. In her free time she enjoys yoga, reading, traveling, and spending time with her two boys. She is active in the Birmingham Bar Association, where she is a member of the Women Lawyers Section, the Young Members Section, and is on the board of the Solo/Small Firm Section.

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